Sensex Falls 217 Points, Nifty Ends At 22,460; Broader Indices Down 2% – News18
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Sensex Today: Benchmark equity indices BSE Sensex and Nifty50 were flat at open on Monday
Stock Market Today
Sensex Today: On Monday, the BSE Sensex surged to a high of 74,741, up 407 points during intra-day trading. However, a late sell-off caused the index to drop to a low of 74,022, more than 700 points below the day’s peak. It eventually closed with a loss of 217 points, or 0.3%, at 74,115.
Similarly, the NSE Nifty 50 reached a high of 22,677 and a low of 22,429, before ending the session at 22,460, down 92 points or 0.4%.
Global Cues
South Korean shares climbed on Monday, tracking Wall Street’s positive performance in the previous session, though gains were limited by a decline in steel manufacturers.
The benchmark KOSPI was up 11.41 points, or 0.45%, at 2,574.89, as of 0108 GMT.
Oil prices fell on Monday as concern about the impact of U.S. import tariffs on global economic growth and fuel demand, as well as rising output from OPEC+ producers, cooled investor appetite for riskier assets.
Brent crude fell 25 cents, or 0.4%, to $70.11 a barrel by 0037 GMT after settling up 90 cents on Friday. U.S. West Texas Intermediate crude was at $66.76 a barrel, down 28 cents, or 0.4%, after closing 68 cents higher in the previous trading session.
S&P 500 futures dropped by 0.7% as of 9:10 a.m. Tokyo time, indicating a negative outlook for U.S. markets. Similarly, Hang Seng futures declined by 0.4%, and Japan’s Topix also saw a modest decline of 0.1%. On the other hand, Australia’s S&P/ASX 200 managed to gain 0.2%, bucking the overall trend. In Europe, Euro Stoxx 50 futures experienced a notable drop of 1.2%, signaling a weaker start for European markets. These movements reflect a cautious sentiment across global stock markets as investors weigh economic conditions and geopolitical developments.
